The present article explores the dynamic changes in required graduate attributes to develop industrial revolution 4.0 (IR4) ready. The assurance of graduate attributes assumes more importance given the fact that only 20% of the engineers are employable for any job in the knowledge economy (NER 2019). Indian engineering institutes across India are facing pressure and striving hard to equip the graduates with the right set of attributes to enhance their employability. The authors examine the shifts of graduate attributes from industrial revolution I–IV to perceive the most important ones from employment perspective. Second, we recommend the strategies at multiple levels to develop the identified attributes by mapping them with program educational objectives, and finally, we argue that all these strategies must be aligned to strengthen outcomes based education and as a result prepare employable and environmentally sensitive graduates responsible for a sustainable future.